2899

How is 2899 doing right now?

In plain terms: 2899 is 28.7% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Right now 2899 — Zijin Mining Group — is in a deep drawdown, down 28.7% from its record high. Last price: $32.92. Asset price action of this severity has historically marked attractive entry zones — but only when fundamentals weren't permanently impaired. The historical median return below quantifies that pattern for 2899 specifically.

What history says at this drawdown

2899 reaches this drawdown band repeatedly in its history (195 observations), which is a meaningful sample for the segmentation engine to compute a stable median forward return. The engine uses a rolling 90-day window and gives more weight to recent years — this lets the signal adapt to regime changes (e.g., post-COVID volatility) without losing the long-run base rate.

What this means for 2899

Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to 2899's own volatility history. Below 20% drawdowns the historical median forward return often becomes attractive — but with rising variance. The win-rate column in the segments table is more useful than the median at this depth.